TSMC Announced the Construction of a Joint Venture Factory in Germany, with an Expected Investment of More Than 10 Billion Euros TSMC Share of 70% of
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Update time : 2023-08-11 11:27:51
According to media reports, the long-rumored TSMC plant in Germany, fell on Tuesday, TSMC has announced on the official website that they will set up a joint venture in Germany, the construction of wafer foundry.
From TSMC announced on Tuesday in the official website, they will be with Bosch, Infineon and NXP Semiconductors, in the German state of Saxony's capital city of Dresden, set up a joint venture of the European semiconductor manufacturing company, the construction of a 12-inch wafer foundry, to provide advanced semiconductor manufacturing services.
The same as TSMC and Sony and other joint ventures in Japan to build factories, TSMC will have a majority stake in the European joint venture, they will account for 70% of the shares, Bosch, Infineon and NXP Semiconductors each accounted for 10%.
According to TSMC's plan announced on its official website, the joint venture's fab in Europe, scheduled to begin construction in the second half of next year, put into production at the end of 2027, will be operated by TSMC after completion, using 28/22nm and 16/12nm process for the relevant customer foundry wafers, will be their first fab in Europe.
The same as TSMC's fab under construction, their first fab in Europe investment is also quite large, is expected to invest more than 10 billion euros, the source of funds, including equity injection, debt borrowing, as well as the European Union and Germany's support.
Of course, the huge investment in this factory will also be more substantial in terms of production capacity. TSMC disclosed on the official website, the planned construction of the factory's monthly production capacity is expected to be 40,000 12-inch wafers, which will enhance Europe's semiconductor manufacturing ecosystem, directly creating about 2,000 highly skilled professional jobs.
For the establishment of a joint venture to build a factory in Germany, TSMC CEO Wei Zhejia said that the investment in Dresden demonstrates their commitment to meet the strategic capabilities and technology needs of customers, they are also pleased to have the opportunity to deepen the cooperation with Bosch, Infineon and NXP, Europe has a lot of potential for semiconductor innovation, especially in the automotive and industrial sectors.
The Chairman of the Management Board of Bosch, the CEO of Infineon and the CEO of NXP, also said they look forward to working with TSMC to strengthen the semiconductor manufacturing ecosystem.
